Skip to main content

About your Search

FBC 45
English 127
Search Results 0 to 49 of about 127 (some duplicates have been removed)
with an exclusive look at their latest cfo survey. how are cfos planning what washington can decide? liz: state across the country must decide today who will be setting of the mandatory health insurance exchange required by the health care act. the decision could have a big impact on your coverage and the prices you will pay and maybe insurance stocks. we will break down the numbers for you straight ahead. [ male announcer ] this is amy. amy likes to invest in the market. she also likes to ride her bike. she knows the potential for making or losing money can pop up anytime. th's why she trades with the leader in mobile trading. so she's always ready to take action, no matter how wily.. or weird... or wonderfully the market's behaving... which isn't rocket science. it's just common sense. from td ameritrade. but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung fu
on stock holders they are facing something like the debt ceiling debacle. if the armed camps in washington don't disarm and agree to talk to each other in a serious way, and not just the bluster sessions that seem to be happening daily these days, which reminds me, do you remember -- do you remember the debt ceiling nightmare last year? going to those horrendous talks last summer, everybody felt very confident that the president and congress weren't really at loggerheads. market was almost at its high. pretty good, vix low. then like now, we heard that the discord was only political posturing. the stock market forwarded ahead, and the complacency was thick and more people worried about missing a move up rather than talks break down and we might actually default. every time we heard meetings between the president and the speaker like tonight, we figured we would hear mission accomplished the very next day. but we didn't. things got rancorous. ugly stalemate. the market dropped. we got a deal, but only after, not before, we had that hideous sell-off. makes sense. remember how unruly congress
. christmas break is already over for president obama. he's flying back to washington tonight and aides say he's ready for a deal. it's not clear whether this trip is a sign of compromises to come or another display of theater showing the president is willing to work even as his opponents skip town. meanwhile, though, americans are growing skeptical. in the last week alone, gallup found a 15-point drop in the number of americans who think congress will negotiate a deal on the fiscal cliff. that's not all, holiday spending also hit its lowest rate since the 2008 recession, which retailers are blaming on the uncertainty in washington. so where do we go from here? well, since the house failed to get a vote on the tax package last week, all eyes are on the senate. a temporary deal that would basically extend all the tax cuts for those making under a quarter million. the deal would also rescue long-term unemployment benefits and instead of addressing those automatic spending cuts we've all heard about that are set for january 1st, this temporary deal would delay them for another six months. few are
house correspondent dan lothian joins us live from washington this morning. very nice to see you, dan. >> good to see you. >> here's the deal. we have republicans pitted against democrats. now we understand there are issues amongst republicans as well. >> that's right. they're in a tough spot here. they don't want to be in left in a position of being blamed for the fiscal cliff. you're seeing a division between house members and senate members. the reason for this is mainly over the 800 billion in new tax revenue. this was part of john boehner and plan. those tea party-backed conservatives say this is something that would help job growth. clearly what we're seeing here is republicans are not speaking with one voice. >> republicans should not be conceding that the federal government needs more money, negotiating with ourselves and treating the president's proposal like it's serious. >> we do agree that 8% of the american people are getting about 80% of this tax cut shouldn't have their taxes raised. my suggestion was let's take the one area we agree and take it off the table. >> but zo
are always relatively optimistic about the economy, but even after last night and what we in washington? >> sure. you know, yes, the fiscal cliff is coming. we have known him for a long time. the dow is still over 13,000. it is not just because the market thinks we have the great deal ever. tax rates will go up. we will have deficits, as far as the eye can see. by the way, we had pretty darn good news on personal income and spending and durable goods today. the economy is hanging in there, as well. connell: i thought it would be interesting to watch the close, because to me, maybe a deal is more likely after last night because the speaker, if anything, lost his leverage. how do you view that part of it? >> in the end, there is really an infinite number of outcomes. we believeethere is really just about 25% chance that we just go over the cliff unimpeded. the sequestration happens and all of the tax hikes. some kind of deal will probably get done. if the house were to pass that bill, it could go into law. it would keep dividend and tax rates from going higher. they just cannot reach a de
. and where new york state and new jersey we'll see that rain lift up. washington improving conditions. new york city very heavy rain and very gusty winds. that is part of the problem with this storm and has been since the beginning. we are seeing the swaths of snow but the winds are so strong. in the last three hours 40 mile per hour wind gusts in new york city. so again, the snow cheering out of illinois and indiana but look at what it has left behind. in areas of illinois, 18 inches. in indy, 7 inches, kentucky, 4 inches. and here's what's left of it. the whole storm lifting to the north. upstate and western new york getting 5 to 9 inches of snow. nine to 12 inches in northern new york and the green and white mountains of new hampshire. >> and of course all anybody wants to know is when can we expect to see the weather improve around the country? >> it will. it is going to improve. we are going to watch this move. here is the area of low pressure we are watching. here's the time stamp tonight at 10:00. right on the money. here is where that low pressure is right over washington where is
in washington, the kind of spending that would cut the 4 billion dollars worth of additional spending every day, that's the long-term not the short-term to prevent being back in this place a year from now and that's going to get the country back on its feet. >> don't get excited. i know gary b will as well. and short-term uncertainty. it's been long-term and we've been going through this for years and washington in the doing anything. what does that do to the economic recovery? >> i think you see it with the stock market, brenda, everything is pretty much frozen. look, you cant pick up a paper, a paper or look on the internet and see fiscal crisis. everyone now is focused on it and i don't care if you're inside the beltway or outside the beltway. and it does a couple of things, if we don't get past this deadline and i agree with larry in principle, but the fact if we don't get past the deadline, people are one, going to view government as totally inept or more inept than it is right now. and businesses free us up and they're afraid of doing anything and the individual freezes up. look, who is g
in washington are calling for more gun controls, the nra wants to fight fire with fire in schools or maybe it's just the deterrent factor that they're hoping for. cnn national correspondent susan candiotti joining me from new york. is that the message that most people expected or wanted to hear from the nra? >> you know, everyone agrees that something needs to change, the question is, of course, is this the moment. armed guards in every school? we're getting different reactions to that. for example, in newtown, connecticut, where the community is still reeling after a shooter blasted his way into sandy hook elementary school and systematically gunned down 20 children and six adults, people are asking is this what we want to do now, put armed guards in every school? here's a sample of opinion in newtown. >> i'm very torn at this point. i'm not happy with the nra. i am not happy with the nra, and i am a gun owner myself. there's just no reason for automatic weapons out there in the public. and clips that discharge so many rounds of ammunition. >> i have many guns. but i don't have a third round
washington commission. this is not something where folks are going to be studying the issue for six months and publishing a report that gets read and pushed aside. this a team that has a very specific task, to pull together real reforms, right now. >> shepard: the president said the second amendment does guarantee an individual's right to bear arms. he believes the vast majority of gun owners in america are responsible. >> i am also betting that the majority the vast majority of law abiding gun owners would be the first to say that we should be able to keep a few law breaking. >> shepard: specifically the president is hinting at military style assault weapons and high ammunition clips. most americans support background checks before all gun purchases involving those private dealers. he addede need to work to make access to mental healthcare as easy as access to guns. and we need a closer look at a culture that glorifies guns and violence as he put it of course we have seen mass shootings over and over again. the president ticked off a long list today. and we have heard outrage and vows for
birthday to get a horse. she adored them. >>> another big story out of washington where there's been huge movement in the fiscal cliff wrangling with 14 days left to go before huge across-the-board tax hikes. overnight we learned that president obama made an eye-opening new offer in talks with house speaker john boehner. under this new proposal, tax rates would go up on incomes above $400,000. for years the president has campaigned that that number should start at $250,000. he's also offering some new spending cuts to go along with this. speaker boehner's latest proposal called for the tax hikes to kick in at $1 million. cnn's dan lothian is in washington with the latest on this. dan, it really does look like there is some movement. >> it does. this movement came during a meeting the president had with speaker john boehner yesterday at the white house. that meeting lasted for 45 minutes. it was the third time they had met in the past eight days. you're right, it is pretty dramatic because the president for years now had been holding steadfast to that $250,000 threshold, saying that the bu
is that? tom foreman is in washington to speculate. good morning. >> reporter: hi, carroll. we don't know what that means. there's been speculation it will have something to do with mental health issues because certainly at a lot of local levels people talked about that on the republican side. people on the conservative side saying that has to be addressed as much, perhaps more than the gun issue itself. so we're expecting that may be the direction to go but the truth is we don't really know. what we do know is that the nra was quiet immediately after this. they often are after such incidents and they usually say as they did this time out of respect for the community and the family involved but now that a little bit of time has passed what we would certainly expect here is that there would be a clear message to the white house and to others which is be careful about overreacting at this point because the nra will push back and certainly they have proven that politically they have the power to do it not only nationally but certainly at the state level. carol? >> tom foreman reporting live
laving washington for a long weekend before the meeting. meanwhile, the white house confirmed today that susan rice won't be the next secretary of state. u.n. ambassador susan rice asking the president to remove her name from consideration to replace outgoing secretary of state content. democratic sources telling o ed henry that rice is likely to be thepresident's choice to become the next national security adviser. we take ll of that up here tonight with fox news digital politics editor from a veteran political strategist, former u.s. ambassador to the united nations. now the late breaking devepments on the fiscal cliff talks and the impact of the withdral of susan rice from consideration to be the nxt secretary of state, fox news chief white house correspondent ed henry with our report. >> president obama was not fretting about the fiscal cliff as he strolled to a holiday party joking with fox news about the warm weather and expressing hope for a deal. >> how are you feeling about a deal, optimistic? >> the speaker not so hopeful. >> is this issue, spending. >> again railing agai
. >> and in washington, the nra breaks it's silence. the kudlow report starts now. >> all right let's go to john harwitt first in dc. i think i agree with what you were saying first. >>> he moved to plan b and the hope that further negotiations could produce progress. >> our plan b would protect american taxpayers who make $1 million or less and have their current rates extended. i continue to have hope. that would reduce spending as well as revenues on the table. >> but of course the democrats in the senate. didn't see plan b as a step forward. harry reid came out and said, john boehner is walking away from the nenegotiations. >> every time we get down to something from the long-term financial think for this country. they do the charlie brown thing, they jerk the ball away. and this is what is going on. >> the posturing conceals the process that we are not aware of. but i talked to a budget aid that said, he thinks things are getting worse in terms for prospects of a deal. >> by the way, my contacts have said the same thing. you thank you very, very much. all of this may be defying predictions. it is a
in a building in washington dc to decide where the money is going to be distributed when we should just keep it in the house. you know, keep the taxes the same, but let new jersey pulled onto a larger version of it. neil: melissa? >> you know the faces, you know how to help them. when this country relied more on the community, your friends, your church -- the people around you. it work better. ne: it's like with school shootings and all that. gun advocates, whatever you do, don't use something like bad. climate change is the same thing. where ey are going to use it. the u.n. talking about setting up climate hange, now this in the united states. >> it is absolutely despicable. essentially, that is what is going on. the politicians are so greedy for extra power an money. neil: the ire before them is not getting to these people. if you really want to go in direct climate change, you know, what is happening with the glaciers and blame on them -- but right now, this is not the time. >> that pr opportunity has are gone by. i hate to be cynical, that everyone has argues that for their political pur
.5%. connell: a news alert from washington. you will see it here live from d.c. as we wait for the speaker, we will hear from a guy who says >> whatever god deal is signed, there will be a lot of pressure. boehner will have to cut a deal that raises taxes. their idea of fiscal conservatism, for two decades, has only been about taxes. meanwhile, under current sentiment, underneath him, why don't you finally go after spending. those tea party people will be completely hostile to whatever deal comes up. connell: the reason he is speaker of the house is because of those tea party. the same group that may, if you are right though i drive him out of town. >> he has been systematically pushing tea party people out of committees in order to get his conference more in line. connell: he better kind of followed the line here. >> that is how you organize and discipline. it will hurt the economy without solving the problem. connell: is he supposed to -- that would be characterized as a "grand bargain." if you are right, his job is literally on the line. >> there isn't much of an option. he has not been tal
putting partisan politics ahead of what is good for america. even the "washington post" is calling him out saying he has no intention to negotiate. writing: >> sean: let me repeat, the offer lacks any concessions. if you want the most recent concrete evidence of how irresponsible president obama is, you need look no further than his opening bid in budget talks. the proposal awd to republicans late yesterday courtesy of tax cheat geithner calls for the following: 1.6 trillion dollar tax increase, increasing rates on incomes over $250,000. 150 billion dollars in new public stimulus spending of which 50 billion would be spent next year. another extension in unemployment benefits, 30 billion. new power to raise the federal debt limit without congressional approval. in other words, an obama blank cheque. that is not all. he also wants the estate tax to be levied at 45% on inheritances a step even democratic senators are balking on this current is 35%. the obama offer contained no serious cuts, no serious reforms to entitlement programs and no serious proposals of tax reform this president had t
about it. the only thing being we're relying on our leaders in washington to try to craft some sort of solution. >> did you have quotes around the word leader then? i'm only watching your lips. if you were to type that, would there be quotes around leaders? >> yes. >> thank you. i rest my case. >> i'm willing to take those quotes off. >> if they show that they are truly leaders without quotes. >> i come to work every day, my tallahassee paycheck, still in my wallet. i was a reporter. i made $137 a week. and if i had seen that go down to 127, i would have been angry. that was my subsistence. there are people who play for dinner in this country and their subsistence are on the line and they're going to be furious. but they're not going to get furious until they see their paycheck. >> it's going to impact gdp in the first quarter, and the second quarter. americans are feeling like they're protected from the democrats? because they're in lower income households? but they won't be. their paychecks will be less because the payroll tax cut will be gone. the amt, also gone. that will affect
out and concede on the revenue side. does washington need more revenue? yeah it does, looking at overall percentage of money of revenues that come in to federal government, than what has been average since world war ii, we're below that the argument should be, yeah, we need more revenue, but the question is, how do republicans historically, how do we argue, for more revenue? growth. we need more growth, if we have more growth, highest revenues we had in history of the -- since world war ii was 21 or 22% of gdp, what happened? tech boom, huge capital gains and start ups, and that is how we got revenue, it was not by raising taxes that is an argument weave with principle made and have been correct in making it. to now say, well, you know, president won and we have to concede that point. i'm not saying there can't be tax refor. but that should be an ending point not a starting point. neil: does it bother you that mitt romney's runng mate, budget committee chief paul ryan is going along with this deal. >> it is his budget. he is the -- >> he has been bed in a corner. >> governing
is live in washington. >> good morning, gretchen and everybody. washington is shut down for the christmas holiday . when everybody does come back to town, the ball will be in the democrat's court because speaker boehner was unable to bring his on board. for the plan b. >> onous is on senator reid and the president to come up with a solution and present it to the house and get back to the bargaining table. >> now the president has insisted on a tax hike for the healthy but wants that at $250,000 or $400,000 and not one mill yen and even though the president scaled back his expectations for what can be accomplished some democrats said a grand bargain shouldn't be that hard to reach. >> we ought to take peeker boehner and the president's last offer and split the difference and it would be a package 2.6 trillion can couple that with 1.1 trillion and that would be close to four trillion needed to stabilize the debt and bring it down. >> the president and members was congress will return to washington wednesday or thursday and try to hammer out a deal. most likely a short-term deal to get us pa
, as tragic as it is, brings us a little closer together both in the nation and in washington, that would be a good thing. >> all right. top of the hour. good morning. 6:00 on the east coast, it's wednesday, december 19th. christmas is almost here. >> very respectful dialogue. the nra had a respectful statement. i think a lot of people showing respect on this. >> feel something may be be happening. >> feel some grown-ups, maybe. there are, of course, exceptions. >> there are a few. we have mike barnicle with us. you're not an exception. beautiful piece in "the daily news" today. we'll read that in must read. thank you very much. former treasury officials. mark ratner is with us as well. he has a must read. i'm serious. >> beautiful. >> also in washington, washington anchor for "bbc world news america" katty kay. >> no pieces, sorry. >> you'll write one next time. thank you. so we've got a lot to get to this morning. >> a lot to talk about today. >> those exceptions, what are you talking about? >> just in the conversation about everything you thought there were two exceptions. >> rick perr
there to me, peter. >> that is right. the housing secretary cannot rule it out. washington is certainly closer to one after the latest audit of the fha fund has a capital reserve shortfall of $16.3 billion. the administration says it is too soon to say whether the fha will need treasury funding. >> can you assure us and the american people today as the secretary of hud and fha will not do that, or you don't know yet? >> senator, i wish i had a crystal ball and i could tell you we won't at the end of the year given the reports. obviously i am highly concerned about that possibility. >> to avoid a bailout agency is increasing fees and making other reforms. the administration says it will signal its intentions on the treasury bailout when it releases the 2014 budget in february and will actually decide to pull the trigger or not next september. lori: okay, peter, thank you. all of this heated discussion debate dying down by then. melissa: think your kid has what it takes to be the next oracle of omaha? lori: and he still go green and make a lot of paper? next. want to try to crack it? yeah, that'
't but i suspect we'll have some last minute, slap dash, terrible washington style deal that won't do anything. this fiscal cliff doesn't solve our long-term debt propses. lou: breaking with the practice and policies of washington over the course of the past 50 years. stephen hayes, thank you very much. judith miller, thank you very much. john fund, thank you. time for a few quick comments. ken wrote us to say, correct me if i'm wrong, wasn't it the obama administration that released thousands of guns into the hands of criminals? now they want to talk gun control for law-abiding citizens? that was just "fast and furious." mike tweeted us about benghazi and the report, always blame the dead guys. they did. thanks for being with us. has t. >> wall street is very concerned. no doubt the average folks at home who have been cutting back more inclined to hang onto their wallets. they don't know what will happen. thank you congress. thank you mr. president. >> it is charities' season. makes us feel good to give. that is why there is a concert for storm victims. a bit greedy businesses ted tu
, whatever that action ends up being. >> that is the question, what answer. peter doocy live in washington. >> lawmakers on both sides of the aisle are vowing to take steps to try to keep that type of tragedy from happening again. kelly wright is live with more. >>> law americas as well as the president affected by the school shooting tragedy. as the president spoke out to console the residents of newtown he wants to take meaningful action for such tragedies in the future. >>> in the coming weeks i will use whatever power this office holds to engage my fellow citizens to law enforcement to mental health professionals to parents and educators in an effort aimed at stopping more tragedies like this. >> flags are half staff for children and teaches who died in this senseless shooting. republicans are vowing to take action. >> i think we need a national commission on mass violence not to be in place of anything else the president or congress or state governments might want to do, but to make sure the heartbreak and the anger that we feel now is not dissipated overtime or lost in the legislativ
progress to avert the fiscal cliff. even if washington doesn't get its act together, there are steps you can take to lower your tax burden next year. you can empower yourself. in a moment, we are going to get advice from the founder and president of diverse financial consulting. it looks like congress will have no choice but to punt the fical cliff debate until next year. we have a guest from the cato institute. sequestration kicks in, maybe talked about? >> i certainly agree with the sequestration part. we should be able to find 100 belden and spending cuts. we should be able to find 50 billion in spending cuts the front. i think the sequestration and spending cuts should happen. unfortunately, many of the tax increase if we don't do something about taxes, i think it makes it harder to go back and extend any of the tax cuts next year. so we might find ourselves in the worst of both worlds. i still give it about a 55050 chance that theyy come up with some sort of deal. but if they do, it won't be until christmas eve. tracy: for new year's eve at our? >> yes. tracy: most likely the deal w
washington has to fix this. liz: the stock is going in the right direction. 22% since the last time you were here in september. thank you so much. happy holidays. ethan allen chairman and ceo and president and of course the dow jones industrials fourth session in a row with 27 minutes to go. can we hold onto these games? so much to come. there is no mass-produced hun. every human being unique. and there is one sre that recognizes it. the sleep nuer store. the only place in the world you'll find the extraordinarily comfortable sleep number experience. an exclusive collection of innotions that totally individualize your sleep. perfectly comfortable pillows that adjust to temperature-balancing bedding. dual warmth comforters. all designed around the sleep number bed: a bed with dual-air technology that allows you to adjus to the support your body needs. each of yourodies. in the name of human individuality: the sleep number collection. discover how our sleep professionals can individualize yo sleep experience. clusively at one of our 400 sleep number stores nationwide. sleep number. comfort ind
matthews in washington. let me begin tonight with this. president obama deserves the best possible secretary of state. he picked a great foreign policy officer in the first term. he deserves to have one in the second. it's been my view some distance from the white house that the president was truly undecided on who this person should be. ambassador rice's removal of herself from consideration made his decision easier. john kerry could end up a fabulous secretary of state. someone to make this country truly proud. he lost the presidency by a single state in 2004, then went on to become a deeply effective chairman of the senate foreign relations committee. he projects a grace under pressure that we see in the president himself, a noble attribute most of us take as quiet courage. as embarrassing as it is to admit he is one of the few top politicians in this democratic country to master foreign languages. not a small talent in world diplomacy. i like kerry because he's had the guts to run for office just like hillary clinton. he's had the nerve to stick his neck out and ask the voter t
. that is incredible. not right. >>guest: it is not right. when i saw that, cuomo is coming to washington, and you showed the capitol you should have dollar bills coming out of the window because when the governors come to washington they want money with their palms up. that is what governor cuomo wants. he wants the federal government to write a big check to the state. we found with katrina, of the $140 billion, according to independent government auditors, there was rampant corruption and fraud and no bid contracts that went to cronies and we estimate that somewhere between 20 percent to 25 percent to 30 percent of the money was wasted on fraudulent contracts. it didn't helps victims. a lot of people got rich but it wasn't the people who lost their homes. >>neil: you can see money for a variety of purposes, the money coming in, helping the victims, helping sandy victims now, but it goes through a variety of nefarious purposes and could fill a hole in the budget. where is the backup to look at making sure this money is going for the pups to which it is intended? >>guest: this is the frustration a
taxes. with the democrats in washington pay more attention if oprah threatened to turn in her passport? that's my two cents more. that's all for tonight's "willis report," and thank you for joining us. have a great night. see you right back here tomorrow. ♪ lou: good evening, everybody. a pounding deafening drum beat for gun control rising in the national media. imnating from washington, the president, and members of his party in congress. the tragedy, at sandy hook elementary school in newtown, connecticut, claimed the lives of 27 people, including 20 children understandably provoking calls for solutions, prevention of such bloodshed ever again. the dire to control the inexplicable and the unpredictable. >> are we really prepared to say that we're powerless in the case of such carnage? the politics are too hard? are we prepared to say that such violence visited on our children year after year after year is somehow the price of our freedom? lou: several democratic lawmakers echoing the president's sentimentses within only hours of the shooting pushing for second amendment restriction
, i don't know about you, but the only concrete thing from washington is pretty much how much to hike taxes, not how much to cut spending. should that worry us? it's a deal so disportioned in raising taxes and not cutting spending, what then? a lot of pressure to keep the gravy train running. what if it runs unabated? the unions who legislated the president remind us every day in ads you owe us, mr. president. cut to the chase. no guts, no glory, for now. the risk of a bad deal over no deal. john, what do you think of that? >> well, the democrats, neil, obviously, areot interested in cutting at all. they hold entitlements out, even though they are completely broke, between medicare, medicaid, and social security. there's a hundred trillion dollars in unfunded entitlement liabilities. tax the rich a 100% for the next hundred years. they are intent on preserving them, extending them, and creating them, making them larger meani bigger bills and government control. neil: can't they throw a bone to republicans, offer you at the gate, $800 billion in tax hikes? couldn't you throw it back at
opportunity to mitigate what they have in washington. >> well, i think what he is doing is looking at -- he is missing the point. the tea party activists are reminding the candidates in the republican party, who eventually do get embraced -- when you are like us you win. when you are like them, you lose. it has been going on for yeas. those who say when you stand on the principles of small government and individual liberty, fiscal responsibility, you are attracted to a wider range of voters. >> i have to jump in here. because we have this discussion in december 2010. a lot of people say that a lot of things have changed and americans are voting back. maybe the republicans should work be lke their counterparts across the aisle. >> again, let me say that if you want to, if they want to be an echo instead of an opposition. they can do that. nobody is going to go for the fake imitation. democrats are professionals about big korbel government -- porkbarrel government. instead of the cheap imitation of the republicans trying to be like barack obama. charles: some republicans have done a pretty go
world, the business community, everybody around washington is saying, look, guys, make some progress here. neil: what worries me now is when the next shoe drops. democrats, largely 80 congressman did today, following the congressional black caucus and others like schumer said there's no reason to go after entitlements right now. what's to stop republicans from saying, we're outs of here, we're done. >> there is not a lot to stop republicans from saying, nope, then this is not going to work. we are not ging to be able to come to a consensus before christmas or before we go off the cliff. a big he want of that was john boehner. he is heded home to ohio for the weekend. obviously, the lines of communication remain open with the white house, but that, to me, is very much a move, a political move, saying, hey, you need to come to the table a little bit more, white house and democrats, if we have any chance of making progress and getting a deal. neil: elizabeth? >> well, i think anyone in the situation would agree you can't make theperfect the enemy of the good, but agree that no deal at t
other. the clock is really ticking in washington. ticking against a deal. i think the two sides seem to hate each other more than ever. i don't now, it seems like the last 72 hours i was hoping it was going to get better and it seems like it got worse. i spent a ton of time this weekend hanging with old college chum grover norquist. he's as certain as ever that republicans who have impure thoughts about violating his no new tax pledge will be targeted at the primary level by tea party members. i'm taking this masterful behind-the-scenes player at his word that he controls almost all the republicans. because almost all of them signed his oath. so a deal could be tough. plus i'm now calling for no vacation without legislation. no vacation without legislation. because the holidays are slated to begin in a couple of weeks. which doesn't give enough time to get the job done. so you have one side that is insisting on tax increases and offering no spending cuts, and then you have the other side which has pledged no tax increases which assures no deal can occur. after all, even if the presid
, they're going to make a deal in washington. i lived inside the beltway, have a pretty good network inside the beltway. cantor is worried -- excuse me, not cantor, boehner is worried about not being reelected as speaker of the house. they can't vote on that until january 4th with the new congress on that. cantor wants that job. so i think boehner's going to press for a deal, i think he's going to go ahead and allow president obama to raise taxes to 39.6%, and i think that'll take the edge off the fiscal cliff. david: let's take this discussion out of the beltway and into the real world. the economy, and, jeff, i want to start with you because you're bullish, but if you're so bullish, hy are you downgrading housing right now? >> because our housing team made a really good call on the housing stocks, and they outran their valuations on a short to intermediate-term basis. they downgraded them about two months ago. liz: okay, so where's the money? show it to us. >> i like just about everything except consumer staples. i think industrials look good, i think they are the new consumer sta
. great to have elizabeth vargas here. >> great to be here. >> it will be warm in washington today, but that high-stakes stalemate is not getting any better. that fiscal cliff, just 29 days until everyone's taxes go up and the white house and congress are absolutely deadlocked right now. >> both sides seeming farther apart than ever. both sides saying, it's your turn to blame. we'll see what happens. >>> also this morning, startling video. it's a little tough to watch but it is okay. it's a prank by a television host setting this magician's hair on fire. now, the magician is okay. he's recovering in the hospital. >> wow. >> what? >> but he is accusing the host of that show of a criminal act. looking at that videotape, it's hard to believe this was any kind of a stunt, as the host claims. >> hard to believe he's okay. >> thank goodness he's okay. >>> wow, also ahead on the show. very special guest today. heidi klum is with us live. here's what she was up to this weekend. looking so glorious. you remember that was supposed to be her halloween costume. hurricane sandy put it on hold a
are in washington in the hearing room of the house ways & of means committee. that committee writes all of our tax laws so this is the room w where any deal on the fiscal cliff would be born or die. we have we have new information on those negotiations in just a moment.. >> that's right, it's incredible it's incre to be here in this room. we're going to talk more about mor this a little later in the show. >> surrounded by all the photographs of all the powerful house & ways means chairmen.and >>> we want to get to some of first. the news first.g with violent ski on the other side ofn the the country, thousands of of the holiday shoppers had to ask thor yesterday as a man wearing camouflage opened fire at a mall hundreds o just outside portland oregon. police say he killed two people and wounded another, then shot another, himself to death. john blackstone is at clackamass town center. john good morning. >> reporter: good morning, norah and charlie and good morning to our viewers in the west. the christmas spirit quickly left this mall yesterday. one eyewitness said the gunman was
washington d.c. stepping in and more federal innervention than we have right now . with all of the stuff. pet projects and in a way to help victims of super storm sandy. was a big scare but no injuries. re we go again. a bill intended to aid super storm sandy victims . this has spending hawks peeves. explain your flip side. >> i have no problem but i will say it is more important to thwart than haggle in congress. i live in loir manhattan and we have seen problems with super storm sandy. we have businesses that are close not reopening and this is happening in areas hit by the storm. the vital thing is to get the money flowing and more important than congress hagsng. snurkswe need to swallow pork to get what we need. >> no, we don't. you look at sandy spending bill if dc got hit and not new york or new jersey . two weeks after cat can the hit the new orleans area. that area got money. we are still waiting because it is hung up by pork. you are seeing 3 billion to pair or fixnd new cars for the fbi and new trees in cemeteries and silly things like that. it is pretty bad. this could pass on its
states well above 2%. is anything that is happening in washington right now going to contribute? not at all. connell: you might as well come up with something. just make the most of it and move on. >> i would like to see the so questioner. it would show the united states can reduce spending. i think it would have a very positive affect. i do not think it reduces spending enough that it would have any real material effect on the economy. all right, dan, thank you very much. good stuff. talk about this number. 3.1%. on the surface, just look at that, that is not bad. john riding is here now to say that recession is, believe it or not, not off the table. >> absolutely. only if we go over the cliff in 2013. i am not worried about the spending side. it is the hundred billion dollars. it is the tax side that is the real issue. the economy is growing at two. we cannot make that. connell: we will talk about housing a little bit later. >> these are all good numbers. if you give the economy a chance, we could have that growth in 2013. connell: if you give the economy a chance. patch is ba
in washington. speak up for the fiscal cliff is part of the half trillion dollars in cuts to the pentagon. the defense has been saying we will not plan for sequestration's because they don't want to be cautious because it is like a gun to the head. they're now looking into planning for this because we are getting pretty late, and that may become a reality. back to you. melissa: rich edson, thank you so much. lori: let's continue this discussion. it is going to happen, it is exactly what the democrats want. according to scott hodge of the tax foundation. what are some alternatives to raising revenue? joining me with some ideas. to your point, you're written quite extensively on this topic. it seems the economy is poised to fall off the cliff and that's what the democrats and the president wants to happen. >> they want to allow all the bush tax cuts to expire. it happens naturally automatically. they don't even have to vote for it. in january we had to lower taxes for everybody. getting it very simply. lori: a lot of people are concerned. if we do go over the cliff, there's no resolution fo
report from london. >> christmas came last night to washington with the lighting of the capital christmas tree. >> 3, 2 rn, 1. >> over 10,000 lights covered the 65 foot tree called in from colorado, by the way. house speaker john boehner led the holiday ceremony and an eagle scout from colorado helped him flip the lights. a beautiful site at the capital. that is your 5@5:00. >>> democrats and republicans are in firm agreement on one thing. they are nowhere near a deal to avoid the so-called fiscal cliff. peter doocy is life in washington with more. >> republicans have had their proposal to avoid the fiscal cliff complete with 800 billion of new revenue over a decade on the table for more than a day now. it has yet to be publicly embraced by the slightest bit by any prominent democrats. because of that gop lawmakers are saying that means the white house wants to go over the fiscal cliff to make it a point. >> howard dean said it patti murray who ran the senator ideal committee. i think the presidency is a political victory for his party as they go over the cliff. i know republicans are con
-- that is the worst-case scenario. one thing that is unwinnable in washington. we don't what they are going to do. 2% cut in gdp. >> 's. tracy: even if there is nobody changed, you are still going to feel the ancillary. all of that stuff -- >> you will feel it. when you get the firstpaycheck when it is $20 less per $100 less, your brain says i have to stop spending. i have to slow it down. i have to pay off debt. all good things in the long run. buin the first and second order of next year, borderline recession. tracy: people will go under their beds again. >> that is what happens. tracy: what can we do before the end of year? what are you telling your clients? >> the ideas are how i capture losses. if we have the opportunity to shift income into next year, when do i book a piece of business? one-way make that income show up in the following tax year? to further attacks. paid tomorrow. why pay today when you can pay tomorrow. these conversations are literally 180 degrees different. you want capital gains today. you have until december 31. do not wait until the last minute. a 15% capital gains rate t
. uncertainty seems to be the norm in washington these days. last year you have the debt ceiling convey. congress had trouble putting together a deal. now the u.s. may be heading for the fiscal cliff. what does that mean for you and your investments? we have the jobs report today for a brief moment. we weren't worried about the fiscal cliff. now, we are back. what do you make of it? >> the jobs report was okay. there are some signs of very modest improvement in jobs. the good news is we have not really lost momentum and i will put that in the victory column. from a very short-term perspective, it is the fiscal cliff that is on everyone's mind. consumer sentiment is starting to decline. that suggested everyone seems to be focused on the fiscal cliff. when you are focused on uncertainty, what do you do, you do nothing. those are the major implementations for the economy. cheryl: i can hear the hesitancy in your voice. a lot of our guests are saying the same thing. they are afraid of what washington will do or maybe not do. your outlook is a bit more bullish than some of your colleagues. w
straight to u.s. government, focus on what it is paying that money to. u.s. government. washington. same folks for whom $1.5 million is a rounding error. these guys get the money? have you wondered what the heck they are doing with that money, last i checked there are no lockboxes. those big fine, every year government collects billions, where does that money go? we can't a lick about it forget about finding company that have to hand over the money, how about finding the government that pockets it and doing who knows what with it, marvin, thank you for joining us, where does it go? >> it goes to the u.s. industry, they pit -- treasury, they put it in general fund 92ot a lockbox thing. >> no unclose court issued a special order it cannot be used to pay the people they claim they are protecting that were injured. it goes to u.s. government to spend like they want to spend, it is almost like a slush fund. neil: the victims of that supposed abuse are not awarded? >> they still have to find their own lawyers. >> money gets dumped in this general fund, what do they do with that? >> they use it
are going to start with breaking news from washington, d.c. leaders from both sides trying to reach a deal. reach edson with the very latest. rich: $800 billion in revenue increases through a tax overhaul. republicans are still opposed to any tax rate increases in this plan. in a show bipartisanship, republicans say they have co-opt these details from a plant bernsen bowls offered last year. in this letter to the president, republican leaders right this is by no means an adequate long-term solution. it will require fundamental entitlement reform. indeed, though both plant is the exact type of imperfect, but fair one without hurting our economy and creating jobs. today, the white house has demanded an offer from republicans. they now have one. back to you. llri: rich edson, and he thinks. the market is taking a breather today. dupont and 3m are the biggest draggers on the dow. early stocks rising out of the gate out of some good news out of china over the night. hitting a seven month high, but then the u.s. isf number hit at 10:00 a.m. eastern and a wave of selling. manufacturing activity c
Search Results 0 to 49 of about 127 (some duplicates have been removed)